What is marys effective annual rate

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Mary purchased 100 shares of Sweet Pea Co. stock at a price of $48.37 six months ago. She sold all stocks today for $43.39. During that period the stock paid dividends of $1.02 per share. What is Mary’s effective annual rate? Round the answers to two decimal places in percentage form. (Write the percentage sign in the "units" box)

Reference no: EM131353404

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